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Flossbach Von Storch SE Purchases 3,496 Shares of Intuit Inc. $INTU

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Key Points

  • Flossbach Von Storch SE increased its stake in Intuit by 25.3%, purchasing 3,496 shares to hold 17,336 shares worth $11.484 million per its latest SEC filing.
  • Intuit beat Q4 estimates with EPS of $4.15 (vs. $3.68 expected) and revenue of $4.65 billion (vs. $4.53 billion), reported 17.4% revenue growth year-over-year, and issued Q3 2026 EPS guidance of 12.450–12.510 and FY2026 guidance of 22.980–23.180.
  • Institutional ownership is high at 83.66% (major holders include Vanguard and State Street), and analysts hold a consensus "Moderate Buy" rating with an average price target of $636.10 despite several recent target cuts.
  • Five stocks we like better than Intuit.

Flossbach Von Storch SE raised its position in shares of Intuit Inc. (NASDAQ:INTU - Free Report) by 25.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 17,336 shares of the software maker's stock after purchasing an additional 3,496 shares during the quarter. Flossbach Von Storch SE's holdings in Intuit were worth $11,484,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the company. Vanguard Group Inc. lifted its stake in shares of Intuit by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 28,918,438 shares of the software maker's stock valued at $19,156,152,000 after buying an additional 296,448 shares in the last quarter. State Street Corp increased its stake in Intuit by 1.2% in the 3rd quarter. State Street Corp now owns 12,882,779 shares of the software maker's stock worth $8,797,779,000 after buying an additional 158,456 shares in the last quarter. Invesco Ltd. raised its holdings in Intuit by 7.8% during the third quarter. Invesco Ltd. now owns 3,757,171 shares of the software maker's stock valued at $2,565,810,000 after acquiring an additional 271,407 shares during the period. Northern Trust Corp lifted its position in shares of Intuit by 4.8% in the third quarter. Northern Trust Corp now owns 3,450,001 shares of the software maker's stock valued at $2,356,040,000 after acquiring an additional 158,843 shares in the last quarter. Finally, Alliancebernstein L.P. lifted its position in shares of Intuit by 183.8% in the third quarter. Alliancebernstein L.P. now owns 1,999,737 shares of the software maker's stock valued at $1,365,640,000 after acquiring an additional 1,295,199 shares in the last quarter. 83.66% of the stock is currently owned by institutional investors.

Intuit Price Performance

Shares of Intuit stock opened at $389.92 on Tuesday. The firm has a market cap of $107.83 billion, a PE ratio of 25.25, a PEG ratio of 1.59 and a beta of 1.21. The stock has a 50 day moving average of $414.17 and a 200 day moving average of $543.11. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.28. Intuit Inc. has a 12 month low of $342.11 and a 12 month high of $813.70.

Intuit (NASDAQ:INTU - Get Free Report) last released its quarterly earnings data on Thursday, February 26th. The software maker reported $4.15 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.68 by $0.47. The business had revenue of $4.65 billion for the quarter, compared to the consensus estimate of $4.53 billion. Intuit had a return on equity of 24.23% and a net margin of 21.57%.The company's revenue was up 17.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.32 EPS. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. On average, research analysts expect that Intuit Inc. will post 17.44 EPS for the current fiscal year.

Intuit Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, April 17th. Investors of record on Thursday, April 9th were paid a dividend of $1.20 per share. The ex-dividend date of this dividend was Thursday, April 9th. This represents a $4.80 dividend on an annualized basis and a yield of 1.2%. Intuit's dividend payout ratio is presently 31.09%.

Insider Buying and Selling

In other Intuit news, Director Richard L. Dalzell sold 333 shares of the stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $440.40, for a total transaction of $146,653.20. Following the completion of the transaction, the director owned 13,253 shares in the company, valued at $5,836,621.20. This trade represents a 2.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 2.49% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research firms recently issued reports on INTU. Wall Street Zen upgraded Intuit from a "hold" rating to a "buy" rating in a research report on Saturday, April 11th. Citigroup lowered their price target on Intuit from $803.00 to $649.00 and set a "buy" rating on the stock in a report on Friday, February 27th. JPMorgan Chase & Co. cut their price objective on shares of Intuit from $750.00 to $605.00 and set an "overweight" rating for the company in a report on Friday, February 27th. Barclays reissued an "overweight" rating and issued a $540.00 target price on shares of Intuit in a report on Monday, March 16th. Finally, Oppenheimer dropped their target price on shares of Intuit from $696.00 to $558.00 and set an "outperform" rating for the company in a research report on Friday, February 27th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and six have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $636.10.

Check Out Our Latest Research Report on Intuit

About Intuit

(Free Report)

Intuit Inc NASDAQ: INTU is a financial software company headquartered in Mountain View, California, that develops and sells cloud-based financial management and compliance products for individuals, small businesses, self-employed workers and accounting professionals. Founded in 1983 by Scott Cook and Tom Proulx, the company has grown from desktop tax and accounting software into a diversified provider of online financial tools. As of my latest update, Sasan Goodarzi serves as Chief Executive Officer.

Intuit's product portfolio includes QuickBooks, its flagship accounting and business-management platform that offers bookkeeping, payroll, payments and invoicing capabilities; TurboTax, a tax-preparation and filing service aimed at individual taxpayers; and Mint, a consumer personal-finance and budgeting app.

Further Reading

Want to see what other hedge funds are holding INTU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Intuit Inc. (NASDAQ:INTU - Free Report).

Institutional Ownership by Quarter for Intuit (NASDAQ:INTU)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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